Rupee Dips to One-Month Low as Middle East Tension Roils Markets
TL;DR
The rupee slid 0.5% to 91.47 per dollar, its weakest level in a month, as escalating Middle East hostilities sent oil higher and spooked global markets; traders eyed RBI support and higher dollar hedging costs as Asian and European stocks fell on a broad risk-off mood.
- Rupee falls to one-month low, equities slump as Iran war jolts markets Reuters
- Stocks Slump as US-Iran War Lifts Brent Toward $80: Markets Wrap Bloomberg.com
- Stock Market Today: Dow Futures Skid; Oil, Gold Prices Rally — Live Updates WSJ
- Asia airline stocks drop while energy shares rise as Iran conflict escalates CNBC
- Indian shares fall as Middle East war dents risk appetite, raises economic risks Reuters
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